RELEASE FROM LUFTHANSA CARGO Our cargo network keeps growing – via dedicated narrow-bodied freighter flights. We are very excited to announce that we will soon be launching twice weekly narrow-bodied freighter flights with direct uplift from Manchester and Dublin to Frankfurt. Our new dedicated Airbus 321F operated by Lufthansa Cityline will be available...
Shareholders in Toyota had little room for cheer last month, as the world’s largest automaker expects to miss its production target of 9m vehicles for the year. The blame is laid mainly on a year-long shortage of semiconductors. The company will build 700,000 cars this month, up from a year ago, but 150,000...
PRESS RELEASE FRA/Hamburg – The DAKOSY software company has worked with Fraport AG to digitally network the FAIR@Link cargo community platform with the Click-2-drive automatic license plate detection system. The result: starting immediately, the barriers at Gates 21 and 32 of Frankfurt Airport’s CargoCity South will automatically open for vehicles that have...
PRESS RELEASE Purchase, N.Y., January 27, 2022 – Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced an agreement to expand its partnership with Flexport, the technology platform for global logistics, to add a third Boeing 747-400 freighter to its existing fleet beginning in September 2022. This long-term...
The vertical integration and modal mash-up continues. The Loadstar reveals today that a forwarder has started a shipping line and now a shipping line is looking at buying an airline. MSC has told the Italian government it wants to buy a stake in the new airline, ITA Airways, which began operations in...
South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) is taking urgent action to deliver over 200,000 stranded parcels resulting from a prolonged strike by subcontracted couriers of the country’s largest logistics company, CJ Logistics. Around 1,700 workers hired by the sub-contractors have refused to work since 28 December, claiming their wage...
South Korean vehicle maker Hyundai’s logistics unit, Hyundai Glovis, has itself established a subsidiary in Chengdu, in China’s Sichuan province. Chengdu Glovis SCM, aims to help its parent to diversify into container rail freight – in 2020, Chengdu was the Chinese city with the second-most direct rail freight trains to Europe. Hyundai Glovis plans a...
It’s that time again – The Loadstar’s annual Christmas quiz. Given the sheer volume of news this year, we have divided it by month. Good luck! January There were “urgent calls” for a review on container lashings in January after the 13,092 teu Maersk Essen incident. How many boxes went overboard on its route...
“Shape-shifting” is how Sarah Banks, global freight and logistics lead at Accenture, describes 2021. There have, of course, been many changes, but perhaps the one with the longest-term effect is the massive growth in M&A, spurred on by vast profits, particularly for shipping lines. And the M&A news just keeps on coming, as...
“I like it. It’s a kick in the face for all those people who didn’t want change.” So said a cargo airline executive on the moves this year by shipping lines to get into air cargo. While for some there is unease about new airlines run by shipping lines, others believe it could...
